BCM Advisors LLC Trims Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

BCM Advisors LLC lessened its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,321 shares of the company’s stock after selling 220 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for approximately 0.9% of BCM Advisors LLC’s holdings, making the stock its 20th biggest position. BCM Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $3,986,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. SpiderRock Advisors LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 3rd quarter worth approximately $629,000. Headlands Technologies LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the second quarter valued at $30,000. EdgeRock Capital LLC raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 5.3% in the 3rd quarter. EdgeRock Capital LLC now owns 67,158 shares of the company’s stock worth $6,132,000 after purchasing an additional 3,371 shares during the last quarter. QRG Capital Management Inc. raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 36.5% in the 2nd quarter. QRG Capital Management Inc. now owns 4,752 shares of the company’s stock worth $399,000 after purchasing an additional 1,270 shares during the last quarter. Finally, Banco Santander S.A. boosted its stake in iShares MSCI USA Min Vol Factor ETF by 1.2% in the 2nd quarter. Banco Santander S.A. now owns 99,199 shares of the company’s stock worth $8,329,000 after purchasing an additional 1,200 shares in the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV stock opened at $93.12 on Thursday. The company has a market capitalization of $27.28 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45. The company’s 50-day moving average is $91.35 and its 200 day moving average is $87.25.

iShares MSCI USA Min Vol Factor ETF Company Profile

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.